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(INDB) Independent Bank complete technical analysis [charts+indicators] | Buy/Sell Independent Bank | (INDB) share price targets

Complete technical analysis of Independent Bank (INDB) by charts plus indicators, forecast predictions and share price targets for Independent Bank (INDB)

Independent Bank trades in USA in Finance sector.

Showing technical analysis as on 2024-01-29 View latest technical analysis

10 day averaged volume of Independent Bank is 260740

Date Daily Closing Price Open High Low Volume
29 Mon Jan 2024 60.23 59.66 60.33 59.33 1.956 times
26 Fri Jan 2024 59.39 59.49 60.14 59.02 0.862 times
25 Thu Jan 2024 59.02 60.87 60.99 58.78 1.237 times
24 Wed Jan 2024 59.90 61.27 62.03 59.82 1.344 times
23 Tue Jan 2024 60.72 62.48 62.48 60.51 1.23 times
22 Mon Jan 2024 61.81 60.55 61.86 60.03 1.142 times
19 Fri Jan 2024 60.22 62.99 62.99 58.98 1.457 times
18 Thu Jan 2024 61.03 61.11 61.48 60.48 0.803 times
17 Wed Jan 2024 60.61 60.04 61.56 58.31 0.66 times
16 Tue Jan 2024 61.17 61.30 62.39 60.94 0.782 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 60.2 as stoploss in an intra day buy trade for a target of 62. However, stock will show a bearish move below 60.2.

Share price targets for Independent Bank (INDB)

Target Type Value
Downside Target 44.63
Downside Target 47.30
Downside Target 48.51
Downside Target 50.64
Downside Target 55.79
Downside Target 57.23
Upside Target 61.93
Upside Target 62.48
Upside Target 62.99
Upside Target 64.68
Upside Target 66.65
Upside Target 68.75

Intraday share price targets for Independent Bank (INDB)

Target Type Value
Downside Intraday Target 59.6
Downside Intraday Target 58.96
Upside Intraday Target 60.6
Upside Intraday Target 60.96
Downside Intraday Target 59.96

Weekly technical analysis of Independent Bank (INDB)

Date Weekly Closing Price Open High Low Volume
29 Mon Jan 2024 60.23 59.66 60.33 59.33 0.336 times
26 Fri Jan 2024 59.39 60.55 62.48 58.78 1.57 times
19 Fri Jan 2024 60.22 61.30 62.99 58.31 7.668 times
12 Fri Jan 2024 62.65 64.00 64.68 61.93 0.108 times
12 Fri Jan 2024 62.65 63.69 64.68 61.93 1.552 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Independent Bank (INDB)

Date Monthly Closing Price Open High Low Volume
29 Mon Jan 2024 60.23 65.12 66.65 58.31 0.868 times
29 Fri Dec 2023 65.81 56.60 68.75 55.79 1.354 times
30 Thu Nov 2023 57.02 49.05 58.17 48.51 0.975 times
31 Tue Oct 2023 48.80 49.06 50.64 44.63 0.81 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Independent Bank (INDB)

Price action analysis of Independent Bank ( (INDB) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Independent Bank ( (INDB) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Independent Bank ( (INDB) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Independent Bank ( (INDB) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Independent Bank stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Independent Bank in short term and the sell signal is strong.

Independent Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Independent Bank in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Independent Bank is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 60.35 and Independent Bank (INDB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Independent Bank (INDB) stock. Volume based technical analysis of Independent Bank (INDB) stock is negative.

Independent Bank Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Independent Bank ( (INDB) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Independent Bank ( (INDB) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Independent Bank ( (INDB) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Independent Bank ( (INDB) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Independent Bank stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Independent Bank in short term and the sell signal is strong.

Independent Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Independent Bank in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Independent Bank is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 60.35 and Independent Bank (INDB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Independent Bank (INDB) stock. Volume based technical analysis of Independent Bank (INDB) stock is negative.

Independent Bank Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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